Bitcoin Miners Struggle to Maintain Operations Ahead of Halving
This year’s Bitcoin halving will reduce the mining reward to 3,125 BTC, putting miners’ profitability at risk. CryptoQuant reports a 30% drop in miners’ hash price since the last halving, with a further decline expected. Competition and costs rise, and the Bitcoin network hashrate reaches 600 EH/s, affecting profits. In approximately 10 days, the Bitcoin […]
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